Social Democracy as in Scandinavia

I know that some people in the US associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy.” -Denmark Prime Minister Lars Løkke Rasmussen

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Social Democracy is an ideology that advocates for economic and social policies that advance social justice within a market economy. Scandinavian nations are occasionally labeled democratic socialist, for example, PZ Myers wrote, "How about if the comparison is between, say, a ragingly capitalist country like the USA, and a socialist democracy like Sweden?" [1] Still Scandinavians are more often called social democrats. There are not universally agreed definitions of socialism or social democracy.

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There are many successful Social Democratic countries, and their existence undermines the views of Conservatives who oppose social democracy. Sweden is a Social Democratic country which has universal health care, free college, and various other social programs. However, these social programs and benefits are funded by high taxes generated by wealth in a marketeconomy. [2]

There is no clear, agreed definition of Socialism and the extreme right in the USA describes a great deal including Obama's policies as socialist. Keynesian economics which aims to manage a Capitalisteconomy is also sometimes called socialist. Scandinavian nations are sometimes called liberal, sometimes called socialist but most often they're called social democrat.